Wednesday, April 1, 2009

IYT daily chart - Don't fall in love with the downside


http://stockcharts.com/h-sc/ui?s=IYT&p=D&yr=0&mn=6&dy=0&id=p04174776016&listNum=1&a=163571032

IYT amongst many other ETF's isn't rolling over like it normally does. And it is accompanied by some extremely large volume.

No comments:

Aug 25 - Re-entered (again) GLD short, long LVS, AMZN, NFLX, SHAK

I have been stopped out twice in last few weeks trying to short GLD.  I have a pretty sizeable position of Nov/ Dec GLD/ GDX puts. Also ha...